Apple’s Steve Jobs Attacks Google, RIM During Earnings Call

Apple CEO Steve Jobs made an
uncharacteristic appearance on his company’s quarterly earnings call Oct. 18,
offering attacks on both Google and BlackBerry maker Research In Motion.

"As most of you know, I usually don’t participate in the earnings calls,"
Jobs told analysts and media on the call, "but I couldn’t help dropping by
for our first $20 billion quarter."

Apple posted revenues of $20.34 billion, and a net quarterly profit of $4.31
billion. Apple reported sales of 3.89 million Macs during the quarter, along
with 14.1 million iPhones and 9.05 million iPods. While sales of Macs and
iPhones experienced year-over-year increases of 27 percent and 91 percent,
respectively, the iPod continued its slow quarter-by-quarter decline.

During the earnings call with media and analysts, Apple executives also
highlighted what they termed an increased acceptance of the iPhone by the
enterprise. "We’ve seen extraordinary growth from 60 percent to 80 percent of
Fortune 500 companies," Apple Chief Financial Officer Peter Oppenheimer
said during the call, listing companies such as Procter & Gamble that had "made
iPhone available to their employees." Many of those large companies apparently
offered the iPad to their workers.

Apple had sales of 4.19 million iPads for the fiscal 2010 fourth
quarter, a significant increase from the 3.27 million sold during the previous
quarter, and yet another sign that the tablet PC is gaining traction among
customers.

It was the unexpected appearance of Steve Jobs that elevated the
quarterly earnings call beyond the typical. Jobs immediately launched
full-frontal attacks at Research In Motion — whose BlackBerry remains the
iPhone’s significant opponent among business users — and Google Android, which
is loaded onto an increasing number of smartphones.

"We’ve now passed RIM, and I don’t see them catching up with us in the
immediate future," Jobs aid. "I think it’s going to be a challenge
for them to create a competitive platform … With 300,000 apps in Apple’s App
Store, RIM has a high mountain to climb."

Jobs then took a swipe at Google. "[Google CEO]
Eric Schmidt pointed out that they’re activating 200,000 units per day,"
he told media and analysts. "By comparison, Apple has activated 270,000
units per day, on average." Jobs also targeted emerging iPad competitors.

Apple’s
next event is scheduled for Oct. 20 at its Cupertino, Calif., headquarters
.
The company is remaining characteristically tight-lipped about the nature of that
shindig, although invitations sent to media last week were titled "Back to
the Mac." The invites also promise attendees a glimpse of "the next
major version of Mac OS X."

For more, read the eWeek article Apple’s Steve Jobs Attacks Google, RIM During Earnings Call.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

Get the Free Newsletter!

Subscribe to Daily Tech Insider for top news, trends, and analysis.

Latest Articles